- AMC
- Navi Mutual Fund
- Category
- Index Funds
- ISIN
- INF959L01FT4
Navi Nifty Bank Index Fund
₹14.6477
−₹0.0942 (−0.64%)
NAV · Direct · Growth ·
Navi Nifty Bank Index Fund's Direct Growth NAV was ₹14.6477 on 19 Oct 2026, down 0.64% on the day. Its 3-year return is 8.83% a year.
- Expense ratio
- 0.24%
- Fund size
- ₹615.48 Cr
- Min. investment
- ₹10
NAV history
Between 20 Oct 2025 and 19 Oct 2026, the NAV ranged from ₹13.1981 to ₹16.1719.
Direct · Growth plan. 3Y, 5Y and since-launch returns are annualised; since launch is absolute until the fund is a year old. Longer ranges appear once the fund has that much history.
Fund details
- Expense ratio
- 0.24% (Direct)
- Exit load
- nil
- Riskometer
- Very high
- Benchmark
- Nifty Bank Index TRI
- Launched
- 17 Jan 2022
- Fund managers
- Aditya Mulki, Ashutosh Shirwaikar
Fund size, expense ratio and minimums as of 1 Oct 2026.
All plans
| Plan | ISIN | NAV | 1 day | Expense ratio | 1 year |
|---|---|---|---|---|---|
| Direct · Growth | INF959L01FT4 | ₹14.6477 | −0.64% | 0.24% | −3.50% |
| Regular · Growth | INF959L01FU2 | ₹14.1449 | −0.65% | 1.12% | −4.30% |
All plans hold the same portfolio. They differ in expense ratio (Direct plans pay no distributor commission) and in how gains are handled (Growth reinvests, IDCW pays out).
About this fund
Navi Nifty Bank Index Fund is an open-ended mutual fund from Navi Mutual Fund, in the Index Funds category. It began on 17 Jan 2022. It is benchmarked to the Nifty Bank Index TRI. The fund manages ₹615.48 Cr across its plans as of 1 Oct 2026. The Direct · Growth plan has an expense ratio of 0.24%. The minimum first investment is ₹10, and SIPs are available.
FAQs
What is the NAV of Navi Nifty Bank Index Fund?
The NAV of Navi Nifty Bank Index Fund (Direct · Growth) was ₹14.6477 on 19 Oct 2026, down 0.64% from the previous NAV.
What plans does Navi Nifty Bank Index Fund have?
Navi Nifty Bank Index Fund has 2 plans: Direct · Growth; Regular · Growth.
What is the expense ratio of Navi Nifty Bank Index Fund?
The Direct · Growth plan of Navi Nifty Bank Index Fund has an expense ratio of 0.24%.
What is the fund size (AUM) of Navi Nifty Bank Index Fund?
Navi Nifty Bank Index Fund manages ₹615.48 Cr across all plans as of 1 Oct 2026.
What returns has Navi Nifty Bank Index Fund delivered?
Navi Nifty Bank Index Fund returned −3.50% over 1Y, +8.83% a year over 3Y. Past performance does not guarantee future returns.
What is the exit load of Navi Nifty Bank Index Fund?
Navi Nifty Bank Index Fund: nil.
What is the minimum investment and SIP amount for Navi Nifty Bank Index Fund?
The minimum first investment in Navi Nifty Bank Index Fund is ₹10, and ₹10 after that. SIPs are available (SIP available with Fortnightly/Monthly/Quarterly/Half yearly frequency. Minimum amount Rs. 10, minimum 12 instalments. Dates: Every alternate Wednesday or any day of month (except 29th, 30th, 31st) for monthly/quarterly/half yearly options.).
How risky is Navi Nifty Bank Index Fund?
Navi Nifty Bank Index Fund is rated "very high risk" on SEBI's riskometer.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.
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